US Assistant Attorney Nicholas Roos presented the government’s view that Bankman-Fried is guilty of stealing money and engaging his business partners in a cover-up.
The fraud, according to the government, was happening behind the scenes, while Bankman-Fried’s other firm, Alameda Research, was secretly siphoning money from customer deposits.
“The answer is clear: He took the money, he knew it was wrong, he did it anyway,” Roos said.
Repeatedly, Bankman-Fried told reporters, customers, investors and lawmakers that customer deposits were safe.
As Roos spoke to the jury, Bankman-Fried kept his eyes trained on his laptop, occasionally typing and scrolling.
Persons:
Sam Bankman, Nicholas Roos, Fried, Roos, —, ’ Roos, “, ” Roos, ”, Fried “, FTX, Joseph Bankman, Barbara Fried
Organizations:
New, New York CNN, Bankman, Alameda Research
Locations:
New York, FTX, Alameda